Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $54 per unit in 2022, declining by -16.4% against the previous year. In general, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 12% against the previous year. As a result, import price reached the peak level of $195 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($128 per unit), while the price for the UK ($24 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $204 per unit in 2022, which is down by -22.5% against the previous year. In general, the export price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by 97%. The export price peaked at $402 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($788 per unit), while the average price for exports to Zimbabwe ($7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania

In 2022, imports of tools; for working in the hand, pneumatic, other than rotary type into Tanzania soared to 10K units, picking up by 23% on the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at 11K units in 2019; afterwards, it flattened through to 2022.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type rose slightly to $570K in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. Imports peaked at $730K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China480393415405-5.5%
India47.616.218.728.8-15.4%
Japan24.117.54.927.14.0%
Oman2.74.15.812.968.4%
Zambia5.66.77.69.318.4%
United Kingdom34.319.111.67.5-39.8%
United Arab Emirates12.16.10.85.2-24.5%
Spain5.47.52.04.8-3.9%
South Africa23.917.76.32.3-54.2%
Others94.659.079.567.1-10.8%
Total730547553570-7.9%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Tanzania in 2022:

  1. China (6.5K units)
  2. Japan (0.9K units)
  3. Oman (0.5K units)
  4. India (0.3K units)
  5. United Kingdom (0.3K units)
  6. United Arab Emirates (0.2K units)
  7. Zambia (0.2K units)
  8. Spain (0.2K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania

Exports of tools; for working in the hand, pneumatic, other than rotary type from Tanzania skyrocketed to 40 units in 2022, growing by 186% on 2021. Over the period under review, exports, however, faced a dramatic downturn. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type hit record highs at 344 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $8.2K in 2022. In general, exports, however, faced a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 206% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the maximum at $41K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany24.01.01.05,980529.3%
Malawi10,0559102,7021,575-46.1%
Democratic Republic of the Congo888100508185-40.7%
Mozambique66156.015385.0-49.5%
SpainN/AN/AN/A57.00%
South Africa1,1326.041.053.0-64.0%
Uganda88958.012452.0-61.2%
Kenya2,953N/AN/A38.0-76.6%
United Arab EmiratesN/AN/AN/A28.00%
IndiaN/AN/AN/A24.00%
TurkeyN/AN/AN/A15.00%
Rwanda64.06.016.09.0-48.0%
ZimbabweN/AN/AN/A7.00%
Others23,89266.013744.0-87.7%
Total40,5581,2033,6828,152-41.4%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Tanzania in 2022:

  1. Germany (26.0 units)
  2. Malawi (2.0 units)
  3. Turkey (1.0 units)
  4. South Africa (1.0 units)
  5. United Arab Emirates (1.0 units)
  6. India (1.0 units)
  7. Zimbabwe (1.0 units)
  8. Democratic Republic of the Congo (1.0 units)
  9. Rwanda (1.0 units)
  10. Spain (1.0 units)
  11. Uganda (1.0 units)
  12. Mozambique (1.0 units)
  13. Kenya (1.0 units)

Source: IndexBox Market Intelligence Platform

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